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Report Overview

The global satellite communication market size reached approximately USD 61.79 Billion in 2025. The market is projected to grow at a CAGR of 10.40% between 2026 and 2035, reaching a value of around USD 166.19 Billion by 2035.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

Compound Annual Growth Rate

10.4%

Value in USD Billion

2026-2035


*this image is indicative*

Global Satellite Communication Market Report Summary Description Value
Base Year USD Billion 2025
Historical Period USD Billion 2019-2025
Forecast Period USD Billion 2026-2035
Market Size 2025 USD Billion 61.79
Market Size 2035 USD Billion 166.19
CAGR 2019-2025 Percentage XX%
CAGR 2026-2035 Percentage 10.40%
CAGR 2026-2035 - Market by Region Asia Pacific 12.0%
CAGR 2026-2035 - Market by Country India 13.8%
CAGR 2026-2035 - Market by Country China 11.5%
CAGR 2026-2035 - Market by Type Equipment 11.4%
CAGR 2026-2035 - Market by End Use Maritime 11.9%
Market Share by Country 2025 India 3.8%

Key Trends in the Market

Satellites usually refer to an artificial object that is launched into orbit or outer space for various uses such as communication, weather forecasting, research, and navigation, among others. Satellite communication has become a crucial part of the modern communication technology sphere. In this communication process, the transmission of electromagnetic waves is used as carrier signals, which carry the audio, picture, voice, or any other form of data.

  • One of the key trends propelling the growth of the satellite communication market is the increasing demand for small satellites from various sectors such as agriculture, engineering, communications, and oil and gas, among others.
  • Satellite communication services offer a secure and dependable source of bandwidth capacity, making them highly suitable for military operations carried out in remote areas where the existing communication infrastructure may be insufficient or unreliable. Moreover, the rising utilisation of fixed satellite services (FSS) for government and military purposes is projected to propel the market.
  • The Internet of Things (IoT) has significantly impacted various sectors, including SATCOM, significantly propelling the satellite communication market share. Millions of devices depend on satellite services and these devices serve diverse sectors such as infrastructure, environmental monitoring, military support, shipping, and aviation. Particularly in the aviation sector, the integration of IoT has the potential to propel the market growth in the foreseeable future.

Market Segmentation

Global Satellite Communication Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:

Breakup by Type

  • Equipment
  • Service

Breakup by End Use

  • Maritime
  • Defence and Government
  • Enterprises
  • Media and Entertainment
  • Mining and Oil and Gas
  • Agriculture
  • Transportation
  • Others

Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
CAGR 2026-2035 - Market by Country
India 13.8%
China 11.5%
USA 9.2%
France 8.2%
Italy 7.3%
Canada XX%
UK XX%
Germany XX%
Japan 7.2%
Australia XX%
Saudi Arabia XX%
Brazil XX%
Mexico XX%

Market Share by Type

Equipment is projected to experience a notable growth throughout the forecast period. Several factors contribute to this growth, including the escalating need for continuous communication in sectors such as energy and utilities, agriculture, oil and gas, as well as defence. Additionally, the segment is expected to benefit from the expanding fleet of autonomous and connected vehicles.

Market Share by End Use

Media and broadcasting capture a significant share of the revenue in the satellite communication market. This can be attributed to the extensive utilisation of satellites for broadcasting purposes and the seamless coverage achieved through remote operations. Furthermore, government and defence units are using satellite communication to maximise operational effectiveness.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global satellite communication market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments and expansion plans.

Thales Group

Thales Group is a multinational company that operates in various sectors, specialising in aerospace, defence, security, and transportation. Established in 2000, and located in France, the company invests a significant portion of its revenue into technological advancements for various sectors, including aerospace, defence, security, space, transportation, and connectivity, among others.

Iridium Communications Inc.

Iridium Communications Inc. is a global satellite communications company that provides voice and data communication services. Since its establishment in 2001, the company has successfully operated the Iridium satellite constellation, consisting of 66 active satellites positioned in low Earth orbit (LEO). This innovative constellation empowers Iridium to deliver dependable and uninterrupted communication services to every corner of the globe, including remote and polar regions.

SES S.A.

SES S.A. headquartered in Luxembourg, is a prominent global telecommunications company and satellite operator. With its establishment in 1985, SES has emerged as a leading player in the satellite sector, offering a diverse portfolio of satellite-based services and solutions to clients spanning multiple sectors. SES manages an extensive fleet of satellites that are strategically located in both geostationary orbit (GEO) and medium Earth orbit (MEO).

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other market players include Thuraya Telecommunications Company, Cobham Limited, Viasat, Inc., Orbcomm Inc., L3Harris Technologies Inc., ST Engineering iDirect, Inmarsat Global Limited, and Gilat Satellite Networks Ltd., among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2025, the market reached a value of about USD 61.79 Billion.

The market is assessed to grow at a CAGR of 10.40% between 2026 and 2035.

The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach around USD 166.19 Billion by 2035.

The market is being driven by the increasing utilisation of satellite services in the military sector and the growing deployment of IoT in satellite communication services.

The major trends in the market include the increasing demand for small satellites and technological advancements in communication infrastructure.

The major regional markets for satellite communication include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The various end uses of satellite communication are maritime, defence and government, enterprise, media and entertainment, mining and oil and gas, agriculture, and transportation, among others.

The key players in the global satellite communication market are Thales Group, Iridium Communications Inc., SES S.A., Thuraya Telecommunications Company, Cobham Limited, Viasat, Inc., Orbcomm Inc., L3Harris Technologies Inc., ST Engineering iDirect, Inmarsat Global Limited, and Gilat Satellite Networks Ltd., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • End Use
  • Region
Breakup by Type
  • Equipment
  • Service
Breakup by End Use
  • Maritime
  • Defence and Government
  • Enterprises
  • Media and Entertainment
  • Mining and Oil and Gas
  • Agriculture
  • Transportation
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Thales Group
  • Iridium Communications Inc.
  • SES S.A.
  • Thuraya Telecommunications Company
  • Cobham Limited
  • Viasat, Inc.
  • Orbcomm Inc.
  • L3Harris Technologies Inc.
  • ST Engineering iDirect
  • Inmarsat Global Limited
  • Gilat Satellite Networks Ltd.
  • Others

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